Economics

Rising Natural Rubber Prices Push Global Shift to Synthetic Alternatives

  • September 6, 2024

The recent surge in natural rubber prices has led the global rubber industry to anticipate a consumer shift from natural rubber products to synthetic alternatives, according to insights from The Daily Morning Business. Pushpika Janadheera, Chairperson of the Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) and Managing Director of Dipped Products

Read More
Industry Analysis

Sri Lanka to Expand Rubber Plantations by 100,000 Acres in Three Districts

  • August 1, 2024

The Ministry of Agriculture and Plantation Industries has unveiled a master plan to expand rubber cultivation in Sri Lanka, aiming to increase the country’s annual natural rubber production by 60 percent in the coming years. Minister of Agriculture and Plantation Industry, Mr. Mahinda Amaraweera, announced plans to initiate rubber cultivation across 100,000 acres in the

Read More